UK interest rates have been cut from 0.5% to 0.25% – a record low and the first cut since 2009. The Bank of England has also signalled that rates could go lowerRead More…
NatWest and RBS may charge firms to hold deposits
NatWest and Royal Bank of Scotland (RBS) have warned businesses they may have to charge them to accept deposits due to low interest rates. The move, if enacted, would make them theRead More…
Hanging on line to HMRC cost taxpayers £97m, NAO finds
Taxpayers forced to hang on the phone while calling HM Revenue and Customs (HMRC) lost the equivalent of £97m last year, a spending watchdog has said. The National Audit Office (NAO) saidRead More…
A Landlords Guide to Paying Tax
If you’re renting out a property, no matter the size or circumstance, HMRC must be informed. If you’re confused about your tax obligations our one-stop guide below should offer the help you need.Read More…
Marriage Tax Allowance – Make The Most of Your Spouse’s Personal Allowance
Marriage Tax Allowance If you are married or in a civil partnership you could be entitled to £1100 of your spouse’s unused personal allowance. It is estimated that of the 4.1 million currently entitled 3.5Read More…